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Insider Tips for the week of February 4, 2023
How much does saving for college hurt your financial aid? – DIY College Rankings has put together a quick reference table to illustrate how much savings affect aid. The finding is that income has a substantially greater impact on financial aid than savings. Take a few minutes to learn how you qualify for financial aid.…
Congratulations to Sophia Richter, High Point University Class of 2027!
Congratulations to Sophia Richter of Liberty High School in Kansas City, MO! Sophia will be attending High Point University in North Carolina after applying Early Decision. She will be pursuing a biology degree and plans to pursue medical school. She was awarded the Presidential Scholarship and will travel to High Point, NC in late January…
Dual Enrollment, PSEO, College in the Schools? CIT Consultant Kim Koffi on What You Need to Know Now
Kim, we are getting so many queries from families right now about dual enrollment programs. What is dual enrollment? What is PSEO? The Post Secondary Enrollment Option (PSEO) is a dual degree program in Minnesota that allows high school juniors and seniors to take college courses outside of their high school in-person or online. They…
Insider Tips for the week of January 7, 2023
529 plan funds can be rolled over into Roth IRAs – Tucked into the year-end spending bill just signed into law was a major change that allows 529 plan funds to roll over into Roth IRAs. Check out our latest article for the details. Choices and options – a blueprint for college admission – Georgia…
Highly Selective College Deferring and Suggesting EDII? Here’s What to Know
Deferred at your highly selective school, with an option to choose Early Decision II? Here’s what you need to know. Numbers of applications submitted to Highly/Most Selective Colleges continues its strong upward trend during the currect application cycle. Admissions officers have speculated a number of reasons for this much higher rate of applications. Online learning…
Deferred: What to Know and What to Do Next
1.5 MIN VIDEO: “Why Was I Deferred, and What Do I Do About It?” Deferred: What to Know and What to Do Next This is the season for colleges to release Early Action/Early Decision/Restrictive or Single-Choice Early Action decisions. We know that this is both an exciting and nerve-wracking time. Year over year, the…
529 Plan Funds can be rolled over into Roth IRAs
By Heidi King, College Inside Track Tucked into the year-end federal spending package was a new provision allowing 529 Plan funds to be rolled over into Roth IRAs tax and penalty free. This significant change takes effect in 2024. Here are the key details: The benefit is for 529 plan beneficiaries (as opposed…
New bill allows unused 529 college funds to become a retirement tool
College Inside Track’s Heidi King was featured on Yahoo Finance discussing new rules allowing 529 Plan funds to roll over into Roth IRAs tax and penalty free. Beneficiaries of 529 plans can begin to take advantage of the changes in 2024.
Make The Most Of Your College Tour!
By CIT Consultant Lessa Scherrer See also Insider Tips on the Successful College Tour, with CIT Consultant Lessa Scherrer Traditionally, the college tour consists of an information session led by someone from the admissions office and a student-led campus tour. Over the last few years, many tours have been restricted to outside visits to…
Insider tips for the week of December 3, 2022
Financial aid formula changes – CIT’s Chris Wills explains how little-known changes to the financial aid formula for the 2023-24 school year could affect how much you pay for college (these are different from the significant changes occurring the following year). Take a couple minutes to see if you may be impacted. What does a…